Robinhood suspends instant deposits for crypto purchases over DOGE spike

Robinhood suspends instant deposits for crypto purchases over DOGE spike

Market mayhem continues as WallStreetBets takes on crypto. Stock and cryptocurrency-trading platform Robinhood has temporarily disabled instant deposits for cryptocurrency purchases as of Jan. 29, citing "extraordinary market conditions."Users are still able to buy cryptocurrency using settled funds that have previously been deposited, although such deposits can take up to five business days to clear.A Robinhood spokesperson told CNBC that the company would "keep monitoring market conditions and communicating with our customers.Robinhood has faced recent criticism for suspending trading in....


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Robinhood reportedly allowing instant deposits for crypto purchases again as ...

The feature was originally suspended on Jan. 29. Stock and crypto trading app Robinhood has reportedly re-enabled instant deposits for cryptocurrency purchases after almost a week.Robinhood has removed the original update on its support page suspending instant deposits, and its website currently shows certain users once again have "instant access" to up to $1,000 to buy crypto. Many of the app’s users also reported on social media they were able to access the trading feature last night.The "instant buying" function is a paid feature that gives Robinhood customers instant access to funds....

Robinhood announces plans to offer crypto deposits and withdrawals

Robinhood’s reputation has taken a battering lately, but it hopes to regain credibility among the crypto community by introducing cryptocurrency transfers. The controversy-laden trading platform Robinhood announced on Wednesday that it intends to implement cryptocurrency deposits and withdrawals. While customers have been able to buy and sell cryptocurrency via the platform for some time, they are unable to access the coins themselves to transfer them to other wallets. According to a series of tweets published from the company’s Twitter account, work on integration of cryptocurrency....

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Robinhood to Allow Deposits, Withdrawals for Cryptos Including Dogecoin

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How Litecoin Can Follow DOGE To The Moon And Reach $2,000

With a 181.5% increase in the 24-hour chart, Dogecoin (DOGE) is breaking every resistance towards a new all-time high. On the other hand, Litecoin is showing strong momentum and, according to a trader, it could follow DOGE’s performance. Investing App Robinhood offers its users the possibility to trade with 6 cryptocurrencies: DOGE, Bitcoin, Ethereum Classic, […]